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Alibaba’s Ant Group Produces Preparatory Regulatory Filing For Intended IPO

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Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported. The news service reported that the move hints that the two Chinese investment institutions will be heading up the group’s onshore offering.

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Sterling Bancorp Names Leaders Of Innovation Finance Group

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Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

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Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. We set up Ant Bank with the intention of providing increasingly mature FinTech products and services to the Hong Kong market and to provide a new choice to people locally.”. billion yuan ($10.5

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Data – The Lifeblood of Intelligence Automation

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Some data may exist in secure warehouses, others within Salesforce, or Amazon Web Services S3. Salesforce Data Cloud Securely Brings It All Together Businesses can leverage the power of tools such as Salesforce’s Data Cloud to bring together multiple data sets. It all starts with the data.

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How One Nevada Credit Union Secures Its Self-Service Innovations

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The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. Other CUs are placing an emphasis on attracting new members, particularly from Generation Z, a group rapidly entering the workforce. Deep Dive: Credit Unions Face Data Breach Challenges.

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Keeping Payments Innovation Grounded In Information Security

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Innovation in payments can happen in the blink of an eye. In order to keep payments innovation moving quickly and safely, Mark Turnage, CEO of OWL Cybersecurity , said it’s important to ensure information security remains at the forefront of the new products and services being introduced into the market.

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Ant Group IPO Pricing Could Reach $35B, Report Says

PYMNTS

Ant, which is backed by Alibaba, plans to list on both the Hong Kong market and on Shanghai's STAR Market in the next few weeks. Ma has criticized the financial and regulatory system in the past, saying they “stifle innovation,” according to Reuters. The reason for the raise was a boost in demand, according to unnamed sources.

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